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Two-Building Office Property
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1321 S Rainbow Blvd, Las Vegas, NV 89146

Office buildings offer elevator access, building parking, and partially leased space along Rainbow Boulevard.

Property SizeContact for details
Days on Market5

Property Features for 1321 S Rainbow Blvd

General Information

Standard status Active
Property subtype Office
Listing Agency: Albright Callister & Associates LLC
Listed By: Michael McLeod · License #NV 0067502
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 13 at 5:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Albright Callister & Associates LLC

Investment Insights

Based on property information with market context.

Westpark Plaza comprises two office buildings, each containing 12,772 square feet. The property includes underground or building parking and two elevators per building. The buildings are located at 1321 S. Rainbow Blvd and 1331 S. Rainbow Blvd in Las Vegas.

The 1321 S. Rainbow building is partially leased, while the 1331 S. Rainbow building has considerable deferred maintenance. The property may be acquired as a two-building office asset or evaluated on an individual-building basis, subject to the stated offering structure.

Key Highlights

  • Two office buildings totaling 25,544 SF
  • Each building contains 12,772 SF
  • Two elevators serve each building

Property Analytics

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Current Use

Dr. Claude Roofian Pediatrician Elbeth Albana Physician Valley Oaks Medical ... Medical Clinic Aspire Behavioral Health Medical Clinic Modern Wellness Clinic Spa & Massage Center

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,604
Businesses Nearby

Demographics for 89146, NV

19,777
Population
8,385
Households
2.4
Avg Household Size
40
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,120
Density / Sq Mi
$64,330
Median Household Income
$38,121
Median Earnings
$1,407
Median Rent
$432,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Las Vegas, NV

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office buildings offer elevator access, building parking, and partially leased space along Rainbow Boulevard.
Where is this office building located?
The property is located at 1321 S Rainbow Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,470,200.
What are key features of this property?
This property features: Two office buildings totaling 25,544 SF; Each building contains 12,772 SF; Two elevators serve each building
More about this property
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